Moloney Securities Asset Management LLC Has $343,000 Holdings in ESCO Technologies Inc. $ESE

Moloney Securities Asset Management LLC grew its stake in shares of ESCO Technologies Inc. (NYSE:ESE) by 5.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,786 shares of the scientific and technical instruments company’s stock after acquiring an additional 97 shares during the period. Moloney Securities Asset Management LLC’s holdings in ESCO Technologies were worth $343,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ESE. Nuveen LLC acquired a new stake in ESCO Technologies during the first quarter worth approximately $90,067,000. Driehaus Capital Management LLC acquired a new stake in ESCO Technologies during the first quarter worth approximately $33,784,000. Fuller & Thaler Asset Management Inc. bought a new position in shares of ESCO Technologies during the first quarter worth approximately $30,882,000. Vanguard Group Inc. increased its holdings in shares of ESCO Technologies by 2.3% during the first quarter. Vanguard Group Inc. now owns 2,973,925 shares of the scientific and technical instruments company’s stock worth $473,211,000 after purchasing an additional 66,392 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of ESCO Technologies by 544.5% during the first quarter. Jane Street Group LLC now owns 47,621 shares of the scientific and technical instruments company’s stock worth $7,577,000 after purchasing an additional 40,232 shares during the period. 95.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on ESE shares. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of ESCO Technologies in a report on Saturday. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $187.50.

ESCO Technologies Stock Performance

NYSE ESE opened at $221.63 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 49.92 and a beta of 1.23. The firm’s 50 day simple moving average is $207.08 and its 200 day simple moving average is $189.32. ESCO Technologies Inc. has a 1 year low of $125.45 and a 1 year high of $223.31.

ESCO Technologies (NYSE:ESE) last posted its quarterly earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.65 by ($0.05). The firm had revenue of $296.34 million for the quarter, compared to analyst estimates of $320.23 million. ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The business’s revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.16 EPS. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. As a group, research analysts expect that ESCO Technologies Inc. will post 5.65 earnings per share for the current fiscal year.

ESCO Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Thursday, October 2nd were issued a dividend of $0.08 per share. The ex-dividend date was Thursday, October 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio is 7.21%.

About ESCO Technologies

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.